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Letter 26 August 2025 to President Donald Trump.

Dear President Donald Trump
Only 2% LIBERTY TAX can SAVE America by making it competitive, so that “Made in America”
replaces “Made in China”.
The two most critical economic factors for any Nation or business are
1. The Volume/Cost/ Price MIX
2. The Export COST INDEX
Both for America are not competitive against China and BRICS because EXISTING TAXES in the
USA are half the PRICE of a loaf of bread, to build a house and almost everything else. LIBERTY
TAX takes EXISTING TAXES off the costs and PRICES and only add a single 2 cents in the dollar
LIBERTY TAX to the Open Market Value (NO transfer pricing to evade the tax) on all Changes of
Ownership into within and out of America. Compliance is self-regulating by the marketplace, at
NO cost to Government. If a business does not fully reduce its prices shoppers will go
elsewhere, and the business will fail. Everyone pays LIBERTY TAX to enjoy the FREEDOM and
DEMOCRACY of the USA. LIBERTY TAX fully funds the Government to pay off debts.
Please have Elon Musk meet with me in Tasmania to PLAN the research and implementation of
LIBERTY TAX on 1 July 2026 to SAVE America.
Kind regards
Derek Smith CA
0408731964

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